PPP Loan information for Crab house of ocean city inc

$558,061

Crab house of ocean city inc was initially approved for PPP Loan of amount $558,061, the current approved amount is $558,061. The loan was approved on 01/23/2021 by The Shore United Bank, National Association reported 30 jobs and $558,061 was used to fund payroll.

Crab house of ocean city inc is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Crab house of ocean city inc

CRAB HOUSE OF OCEAN CITY INC

Date Approved

01/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CRAB HOUSE OF OCEAN CITY INC

Borrower Address

3102 Philadelphia Ave

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-3566

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

558061.00

Current Approval Amount

558061.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-3566

CD

MD-01

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

558057.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

562907.72

Forgiveness Date

12/16/2021

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